The Nikkei Stock Average surged in morning trade on the Tokyo Stock Exchange, ending the session up 2.98% from the previous business day at 65,861.00. In addition to riding the wave of the previous day's U.S. stock gains, buying of stocks with strong earnings provided support, pushing the index up as much as 3.46% at one point. Ibiden and Yamaha Motor, which reported solid results, posted sharp gains, while among AI-related stocks with large index contributions, SoftBank Group and Advantest rose significantly. The TOPIX ended the morning session up 1.53% at 4,022.40, with trading value on the TSE Prime Market reaching 5.458894 trillion yen. Of the 33 TSE industry sectors, 22 rose, including nonferrous metals and electric appliances, while 11 fell, including warehousing and transportation-related services and marine shipping.
IBIDEN CO., LTD.
Advantest Corp.
Yamaha Motor Co., Ltd.
SoftBank Group Corp.